Intel Developer Forum Spotlights Apple-, Google-, Tesla-Rivaling Segments

No. 1 chipmaker Intel (INTC) will follow up the BMX bikers and mechanical spiders that populated last year’s Intel Developer Conference with a fresh focus this week on autonomous driving, virtual reality and machine learning. The red-hot growth drivers have Intel rivaling fellow tech giants such as Apple (AAPL), Alphabet (GOOGL), Tesla Motors (TSLA), Nvidia (NVDA) and Broadcom (AVGO). Chipmakers are scrambling to target the next growth vector, as smartphone sales slow amid saturation. IBD’S TAKE: Broadcom stock is ranked No. 1 in IBD’s 41-company Electronic-Semiconductor Fabless industry group, with an IBD Composite Rating of 99, meaning it performs in the top 1% of all stocks. Broadcom is winning, analysts say, with its penchant for M&A. Get the IBD Stock Checkup here. IBD’s 39-company Electronic-Semiconductor Manufacturing industry group is up 10% this year…


Link to Full Article: Intel Developer Forum Spotlights Apple-, Google-, Tesla-Rivaling Segments